MORE NEWS: ‘Eight-Figure’ WMG Investment In Roblox • US Streams Up 17%, Hip Hop & R&B Leads • More

FRIDAY 1.8.2020 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above

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WMG Plans $338M In Major Music Acquisitions

Warner Music Group revealed that its subsidiary WMG Acquisition Corp has raised more than $250 million in capital to help fund a pair of acquisitions worth a total of $338. Continue reading

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WMG Posts $519M Q3 Loss, Net Income Falls 53%

Warner Music Group announced Q3 financial results yesterday with total revenue for the period off by 4.5%. Highlights Digital revenue grew 11.1% or 13.4% in constant currency Total revenue was. Continue reading

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WMG Stock Surged Another 6.24% As NASDAQ Opened Thursday

Warner Music Group [NASDAQ: WMG] stock surged another 6.24% right after the opening bell in Thurday, trading as high as $32 and up $1.88 on its second day of trading.. Continue reading

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WMG Approved For IPO As Saudi Buyout Rumor Swirls

Warner Music Group has been approved to IPO, according to an updated SEC filing. No date for the IPO has been set. Warner confirmed the SEC update in statement: “We. Continue reading

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Warner Music IPO Suggests Streaming Price Increase

While Warner Music Group and now UMG’s announcements that they will file for an IPO are not especially surprising, indications in WMG’s filing that an increase in streaming prices could. Continue reading

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MON. BRIEF: WMG Surges • Music’s Brexit Fears • Cox Battles $1B Label Settlement • More

MONDAY 2.3.2020 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above

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Warner Music Group Reports Solid Q4, Year

Warner Music Group Corp. today annnounced solid Q4 and full-year financial results for the periods ending September 30, 2019. Highlights incude: • Total revenue for the full year grew 11.7%. Continue reading

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Warner Music Group 2018 Revenue Tops $4B, Digital Up 20%

Warner Music Group reported  2018 revenue of $4 billion as part a quarterly and year end financial report on Thursday. It marked a 15 year high for the world's third. Continue reading

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WMG Launches Multi Million Dollar ‘Boost’ Fund

Warner Music Group has launched WMG Boost, a seed investment fund to support entrepreneurial growth and innovation in the music industry. The multimillion dollar fund will invest in early stage. Continue reading

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